Shared Flashcard Set

Details

Advertising 2013
N/A
72
Business
Undergraduate 3
02/25/2013

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Cards

Term
What are the promotional planning elements?
Definition

-Reciever comprehension 

-Channel presentation

-Message yielding

-Source attention

Term
Receiver Comprehension-
Definition
Can the receiver comprehend the ad?
Term
Channel presentation-
Definition
Which media will increase presentation
Term
Message yielding-
Definition
What type of message will create favorable attitudes?
Term
Source attention-
Definition
Who will be effective in getting consumers attention?
Term
Source credibility-
Definition

-ethical

-trustworthy

-experienced

-unbiased

-honest

-believable

-skillful

-knowledgable

Term
High and low credibility sources-
Definition
equally effective when arguing for a position opposing their own best interest
Term
Sleeper effect-
Definition
persuasiveness increases over time
Term
What are the 3 categories of source attractiveness?
Definition

-similarity

-familiarity

-likeability

 

Term
Similarity-
Definition
resemblence between the source and recipient of the message
Term
Familiarity-
Definition
knowledge of the source through repeated or prolonged exposure
Term
Likeability-
Definition
affection for the source resulting from physical apperance, behavior, or personal traits
Term
What are the advertising risks of using celebrities?
Definition

1. the celebrity may overshadow the product being endorsed

2. the celebrity may be overexposed, reducing his or her credibility

3. the target audience may not be receptive to celebrity endorsers

4. the celebrity's behavior may pose a risk to the company

Term
What are the factors when choosing a celebrity endorcer?
Definition

-match w/ audience

-match w/ product

-image

-cost

-trust

-risk

-familiarity

-likeability 

Term
Q-source:
Definition
determines the star power
Term
What are the message appeal choices?
Definition

-inferational and emotional

-appeals to both

Term
Inferational-
Definition

-Appeal to the logical, rational minds of consumers

-still some amount of emotion

Term
Emotional-
Definition

-Appeal to the feelings and emotions of customers

-low level info.

Term
What are the message appeal options?
Definition

-Comparative ads

-Fear appeals

-Humor appeals

Term
Comparative Ads-
Definition

-especially useful for new brands

-often used for brands with small market share

-used often in political advertising 

Term
Fear appeals-
Definition

-May stress physical danger or threats to health

-May identify social threats

-Can backfire if level of threat is too high

Term
Humor appeals-
Definition

-Can attract and hold attention

-Often the best remembered

-puts consumers in a positive mood

-be careful to not overshadow brand and with defensive humor

Term
What are the pros to humor appeals?
Definition

-aids attention and awareness

-may aid retention of the message

-creates a positive mood and enhances persuasion

-may aid name and simple copy registration

-may serve as a distracter, reducing counterarguing 

Term
What are the cons to humor appeal?
Definition

-Does not aid persuasion in general

-May harm recall and comprehension

-May harm complex copy registration

-Does not aid source credibility

-Not effective in bringing about sales

-May wear out faster than non-humorous ads

Term
What is wrong with humor in print media?
Definition
it is harder to portray
Term
Personal Selling-
Definition

-flexible

-powerful

-real time

Term
non-personal advertising-
Definition

-geared to large audience 

-static

-media advertisements are example

Term
What are the two types of information processing?
Definition

-self-paced media

-externally paced media

Term
Self-paced media-
Definition

-Newspapers

-Magazines

-Direct mail

-Internet

-people can decide if they want to spend a lot of time on these or not

Term
Extrenally paced media-
Definition

-Radio

-Television

-it's gone after you hear/see it 

Term
What are the obstacles to setting objectives?
Definition

-complex marketing situations

-conflicting perspective

-uncertainty over resources

Term
What are the values of objectives?
Definition

-measurement/evaluation

-planning and decision making

-communictions

-specific objectives

Term
What are characteristics of objectives?
Definition

-specific

-measurable

-quantifiable

-realistic

-attainable

Term
Sales objectives-
Definition

-Primary goal is increased sales

-requires economic justification

-should produce quantifiable results

Term
Communications objectives-
Definition

-increased brand knowledge, interest, favorable attitudes, and image

-immediate response not expected

-goal is creating favorable predispositions

Term
What are the problems with sales objectives?
Definition

-won't work in isolation

-ad effects take time

-hard to determine precise relationship between advertising and sales

-offers little guidence to those planning and developing the promotional program

Term
What are factors that influence sales?
Definition

-technology

-the economy

-product quality

-price

-distribution

-advertising and promotion

-competition

Term

What are the communications objective?

(bottom up)

Definition

-Cognitive (thinking) Ads provide information and facts----brand knowledge and interest brand awareness

-Affective (feeling) Ads change attitudes and feelings----favorable attitudes and image

-Conative (behavioral) Ads stimulate or direct desires----Purchase (ultimate goal)

Term
What is the problem with communications objectives?
Definition

-Translating sales goals into communications objectives

    -what is adequate level of awareness,     knowledge, liking, preference, or conviction?

    -no formulas or guidelines 

Term
What are characteristics of objectives?
Definition

-concrete, measurable tasks

-well-defined audience

-benchmark measures

-specified time period

Term
What do you use to balance objectives and budgets?
Definition

-what we're willing and able to spend

-what we need to achieve our objectives

Term
What questions do you ask when establishing the budget?
Definition

-How much should we spend on advertising and promotion?

-To whom should we allocate the monies?

Term
When times get though, what budgets first get cut?
Definition
advertising and promotion
Term
What are factors that influence advertising budgets?
Definition

-product life cycle

-product durability

-differentiation

-hidden product qualities

-product price

-purchase frequency 

Term
Top down budgeting-
Definition

-Top management sets the spending limit

-Promotion budget set to stay within spending limit

-this leads to inefficent use of company resources, bad, used often

Term
Bottom up budgeting-
Definition

-Promotion objectives are set

-Activities needed to achieve objectives are planned

-Cost of promotion activities are budgeted

-Total promotion budget is approved by top management

-this has a more efficient use of resources

Term
What are the top down budgeting methods?
Definition

-Affordable method

-Arbituary allocation

-Percentage of sales

-Competitive parity

-Return on investment 

Term
Economies of scale:Proposition I-
Definition
larger firms can support thei brands with lower relative advertising costs than smaller firms
Term
Economies of scale:Preposition II-
Definition
the leading brand in a product group enjoys lower advertising costs per sales dollar than do other brands
Term

Economies of scale:Preposition III-

Definition
There is a static relationship between advertising costs per dollar of sales and the size of the advertiser
Term
What are factors that influence advertising and promotion budgets?
Definition

-the organization's structure

-power and politics

-the use of expert opinions

-characteristics of the decision maker

-approval and negotiation channels

-pressure on senior managers to arrive at the optimal budget

Term
Reference Price-
Definition

-what you should think an item should cost (based on past experiences)

-based on knowledge of the product category and allows you to have a better understanding of the price

-sales can lower people's reference price(kohls)

-sales objectives is very important

Term
Creative strategy:
Definition
Determining what the advertising message will say or communicate
Term
Creative tactics:
Definition
Determining how the message strategy will be executed
Term
What are the two determinants of creativity?
Definition
Divergence and relevance
Term
Components of divergence?
Definition

-originality

-flexibility

-elaboration

-synthesis

-artistic value

Term
Components of relevance?
Definition

-Ad-to-consumer 

-Brand-to-consumer

Term
What are young's 5 components for his creative process?
Definition

-Immersion

-Digestion

-Incubation

-Illumination

-Verification

Term
Immersion-
Definition
Get raw material and data, and immerse yourself in the problem
Term
Digestion-
Definition
take the information, work it over, wrestle with it in your mind
Term
Incubation-
Definition
turn the information over to the subconscious to do the work
Term
Illumination-
Definition
"Eureka! I have it!" phenomenon
Term
Verification-
Definition
Study the idea, evaluate it, reshape it for practical usefulness
Term
Getting creative input-
Definition

-Read anything related to the product or market

-use the product to become familiar with it

-listen to what people are talking about

-Conduct studies of product, service, audience

-work in and learn about the client's business

-ask everyone involved for information

Term
What are types of qualitative research inputs?
Definition
interviews and focus groups
Term
Input verification and revision: objective-
Definition

-evaluate ideas

-reject the inappropriate 

-refine the remaining 

-gives ideas final expression 

Term
input verification and revision: techniques-
Definition

-directed focus group

-message communication studies

-portfolio tests

-viewer reaction profiles

Term
the creative brief-
Definition

-basic problem or issue the advertising must address

-advertising and communications objectives

-target audience

-major selling idea or key benefits to communicate

-creative strategy statement

-supporting information and requirements 

Term
seeking the major selling idea-
Definition

-finding the inherent drama

-use a unique selling position

-positioning 

-create a brand image

Term
The unique selling proposition (USP)-
Definition

-Benefit: buy this product/service and you get this benefit

-Unique: must be unique to this brand or claim; rivals can't or don't offer it

-Potent: Promise must be strong enough to move mass millions

Term
inherent drama-
Definition

-messages generally presented in a warm, emotional way

-focuses on consumer benefits with an emphasis on the dramatic element 

Term
Positioning-
Definition

-establish a particular place in the customer's mind for the product or service 

-based on product attributes/benefits, price/quality, use or appreciation, type of user, or problem solved

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